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Five Innovative Industries

To forge new momentum for economic growth, the government has selected the five leading innovative industries of Asia Silicon Valley Taiwan, smart machinery, green energy, biotech & pharmaceutical industry, and national defense, which possess both the capacity of domestic demand and local characteristics, as the core for pushing forward the next-generation industrial growth of Taiwan. Based upon the local market demand, the government aims to promote a seamless synergy of investment, technology, and the talent, in order to develop innovative industrial clusters for furthering global linkage and nurturing international enterprises. In the meantime, the government also aims at achieving the enhancement of technology levels, balanced regional development, as well as realizing the benefits of job creation.

In addition to the five leading innovative industries, the government is currently formulating proactive strategies for promoting new agriculture, in the hope of elevating private investment and triggering the transformation of industrial structure.